Cosmos Initia Co (TSE:8844) Days Payable: 5.67 (As of Mar. 2026) — 77% Below Median

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TSE:8844 Cosmos Initia Co Ltd TSE:8844
63 GF Score
Price 円1,378.00
GF Value 円1,023.50
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Cosmos Initia Co Days Payable?

Cosmos Initia Co TSE:8844 -0.93% 63 Days Payable is 5.67 as of Mar. 2026, which is 77% below its 10-year median of 24.93. GuruFocus rates TSE:8844 with a GF Score™ of 63/100 and a GF Value™ of 円1,023.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,571 Real Estate companies, Cosmos Initia Co ranks worse than 94.53% on this metric.

Cosmos Initia Co's average Accounts Payable for the six months ended in Mar. 2026 was 円2,126 Mil. Cosmos Initia Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円68,421 Mil. Hence, Cosmos Initia Co's Days Payable for the six months ended in Mar. 2026 was 5.67.

The historical rank and industry rank for Cosmos Initia Co's Days Payable or its related term are showing as below:

TSE:8844' s Days Payable Range Over the Past 10 Years
Min: 7.88   Med: 24.93   Max: 34.99
Current: 7.88

During the past 13 years, Cosmos Initia Co's highest Days Payable was 34.99. The lowest was 7.88. And the median was 24.93.

TSE:8844's Days Payable is ranked worse than
94.53% of 1571 companies
in the Real Estate industry
Industry Median: 94.03 vs TSE:8844: 7.88

Cosmos Initia Co's Days Payable declined from Mar. 2025 (11.22) to Mar. 2026 (5.67). It may suggest that Cosmos Initia Co accelerated paying its suppliers.


Cosmos Initia Co Days Payable Historical Data

* Premium members only.

The historical data trend for Cosmos Initia Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cosmos Initia Co Days Payable Chart

Cosmos Initia Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.47 21.14 17.47 10.59 9.04

Cosmos Initia Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.46 10.91 11.22 9.59 5.67

TSE:8844 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Cosmos Initia Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cosmos Initia Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Cosmos Initia Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Cosmos Initia Co's Days Payable falls into.


TSE:8844
63GF Score
Cosmos Initia Co Ltd TSE:8844
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cosmos Initia Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Cosmos Initia Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (3354 + 2459) / 2 ) / 117363*365
=2906.5 / 117363*365
=9.04

Cosmos Initia Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1792 + 2459) / 2 ) / 68421*365 / 2
=2125.5 / 68421*365 / 2
=5.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 5.67 mean?
Cosmos Initia Co (TSE:8844) has a Days Payable of 5.67 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cosmos Initia Co and its competitors. This is 77% below median its historical median of 24.93. Over the past decade, Cosmos Initia Co's Days Payable has ranged from 7.88 to 34.99. According to the industry distribution chart, Cosmos Initia Co ranks #1485 out of 1571 companies in the Real Estate industry, placing it in the top 94.5%.
Is Cosmos Initia Co's Days Payable too high?
Cosmos Initia Co's current Days Payable of 5.67 is 77% below median its 10-year median of 24.93. Over the past 10 years, this metric has ranged from a low of 7.88 to a high of 34.99. The Real Estate industry median Days Payable is 94.03. Cosmos Initia Co's value of 5.67 is 94% below this industry median. Based on the distribution chart, Cosmos Initia Co ranks #1485 out of 1571 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Cosmos Initia Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cosmos Initia Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Cosmos Initia Co ranks #1485 out of 1571 companies for Days Payable. This places Cosmos Initia Co in the lower half of its industry. The industry median Days Payable is 94.03. Cosmos Initia Co's value of 5.67 is 94% below this benchmark. Historically, Cosmos Initia Co's own Days Payable has ranged from 7.88 to 34.99 over the past decade. While the company's 10-year median is 24.93 vs. the industry median of 94.03, Cosmos Initia Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,571 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cosmos Initia Co's current Days Payable of 5.67 is 94% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cosmos Initia Co and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cosmos Initia Co's current Days Payable is 5.67, which is 77% below median its own 10-year median of 24.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosmos Initia Co stock overvalued right now?
Based on GuruFocus' analysis, Cosmos Initia Co (TSE:8844) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,023.50, compared to a current price of 円1,378.00 — trading 34.6% above its estimated fair value. The current Days Payable is 5.67, which is 77% below median its 10-year median of 24.93 and 94% below the Real Estate industry median of 94.03. Cosmos Initia Co's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Cosmos Initia Co (TSE:8844), the current Days Payable is 5.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cosmos Initia Co (TSE:8844) Overvalued in 2026?

Based on GuruFocus' analysis, Cosmos Initia Co stock appears to be overvalued. The current stock price of 円1,378.00 is trading 34.6% above its estimated GF Value™ of 円1,023.50. GuruFocus considers Cosmos Initia Co to be Significantly Overvalued.

Key valuation signals for TSE:8844:

  • Days Payable: 5.67 (77% below median its 10-year median of 24.93)
  • GF Value™: 円1,023.50 vs. price of 円1,378.00 (34.6% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 94% below the Real Estate median (#1485 of 1571)

No single metric tells the full story. See the TSE:8844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cosmos Initia Co Business Description

Address Shiba 5-34-6, Shintamachi Building, Minato-ku, Tokyo, JPN, 108-8416
Cosmos Initia Co Ltd is a real estate company. The company is engaged in the construction, leasing, and sale of real estate. The company also offers real estate rental and real estate brokerage.
63GF Score

Get the complete analysis for TSE:8844

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,378.00
Price
円1,023.50
GF Value